HG Infra Subsidiary Achieves ₹1,582 Cr Highway Financial Closure

Date: September 29, 2026

Project Details

H.G. Gobindpur Tangi Highway Private Limited, a wholly owned subsidiary of H.G. Infra Engineering Limited, has achieved financial closure for its highway project in Odisha. The company received the letter of Financial Close from National Highways Authority of India dated September 28, 2026.

Project Specifics:

• Project: Construction of new Six-lane Access Controlled Capital Region Ring Road Package-III from Gobindpur (NH-55) to Tangi near Bandola Toll Plaza (NH16), from Design Ch. Km. 70+995 to Km. 111+325 in the State of Odisha under NH(O)
• Project Cost: ₹1,582.11 Crore
• Execution Mode: Hybrid Annuity Mode (HAM)
• Length: 40.33 KM
• Construction Period: 910 Days
• Date of Financial Close: September 16, 2026